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February 18, 2009: NYRL Steering Committee calls for immediate temporary moratorium on all foreclosure filings and actions in NYS. Click here for press statement.
December 2, 2008: Newsday editorial, "Cushion for debtors: Some protection for living expenses," lauds NYRL's role in passage of the Exempt Income Protection Act. November 14, 2008: NYRL holds Annual Statewide Membership Meeting, attended by more than 45 coalition members. The photos below show NYRL members exchanging information and experiences from around NYS, making topical presentations on emerging financial justice issues, and discussing coalition strategy in lively break-out sessions.
Click here to view more pictures September 26, 2008: The Exempt Income Protection Act (A.8527A/S.6203B) is signed into law by Governor Paterson! See NYRL's press statement for more information. August 5, 2008: NYS Gov. Paterson signs responsible lending and foreclosure prevention bill into law!
NYRL members with Gov. Paterson outside Queens Borough Hall, on August 5, 2008, after signing of foreclosure prevention and responsible lending bill. June 24, 2008: The Exempt Income Protection Act (A.8527A/S.6203B) passes the Senate! See NYRL's press statement for more information. June 23, 2008: Governor Paterson and leadership from the NYS Senate and Assembly negotiate a responsible lending and foreclosure prevention bill, using the Governor's Program Bill #44 (A.10817/S.8143) as the framework for the new legislation. June 19, 2008: Outreach from NYRL members resulted in editorials and op-eds regarding pending foreclosure prevention and responsible lending legislation in Newsday, Buffalo News, Albany Times Union, and Schenectady Daily Gazette. June 5, 2008: New York Daily News piece, "Wanted: State's Mr Fixit," calls on the governor and legislature to pass foreclosure prevention and reposponsible lending legislation before the end of the session, and cites NYRL's advocacy efforts. May 22, 2008: NYRL holds a press event in Albany and co-sponsors a legislative briefing on the subprime lending and foreclosure crises in New York State. See the press release for more information, and media coverage from Channel 13 News and Rochester Democrat and Chronicle.
May 14, 2008: New York Daily News article highlights the problem of frozen bank accounts containing exempt income, and promotes the Exempt Income Protection Act, mentioning NYRL's advocacy efforts to legislatively resolve this issue. May 12, 2008: NYRL issues press statement and testifies at a Senate Banks Committee hearing regarding Governor Paterson's responsible lending legislation, which has been introduced by Assembly Member Towns and Senator Farley (A.10817/S.8143). See press coverage from the Rochester Democrat and Chronicle, Fox News Channel 23, and Capital News Channel 9. May 7, 2008: The Responsible Lending Act (A.8972/S.6759), sponsored by Assembly Member Towns, passes in the NYS Assembly! It is now being considered by the Banks Committee in the NYS Senate, under the sponsorship of Senator Robach. The Exempt Income Protection Act (A.8527/S.6203) gains new co-sponsors in the Senate: Senators LaValle, Robach and Trunzo. April 8, 2008: NYRL submits comments to the Federal Reserve Board of Governors regarding proposed amendments to Regulation Z, which implements the Truth in Lending Act (TILA) and the Home Ownership and Equity Protection Act (HOEPA) regulations. March 4, 2008: NYRL members participate in a press conference called by Governor Eliot Spitzer, to announce his responsible lending legislation. Read the Governor's press release, which quotes NYRL Steering Committee member Sarah Ludwig. March 3, 2008: New York State Assembly unanimously passes the Exempt Income Protection Act, which was introduced by Helene Weinstein (D-Brooklyn), the chair of the Judiciary Committee. The companion bill in the Senate (S.6203), introduced by Senator Volker and co-sponsored by Senator Maltese, has now been referred to the Senate Codes Committee for review. January 17, 2008: State Senator Joseph Robach introduces a companion bill (S.6759) to the Assembly's Responsible Lending Act (A.8972), introduced by Assembly Member Darryl Towns. The Towns bill was based on the NYRL Responsible Lending Act model bill. January 10, 2008: New York Daily News op-ed piece titled "Gov's plan is one to bet on" cites NYRL. January 9, 2008: NYRL's Steering Committee issues a press statement on Gov. Spitzer's State of the State address, regarding subprime lending and foreclosures crises. January 4, 2008: NYRL releases a press statement, in response to an announcement by Assembly Speaker Sheldon Silver, Assembly Banking Chair Darryl Towns, and Assembly Housing Chair Vito Lopez of a proposed set of initiatives aimed at addressing the subprime lending crisis. See the Assembly press release more information about the proposals. Visit the NYRL News Archive!
Quick Links
Join the Coalition!New Yorkers for Responsible Lending is open to all community and advocacy organizations in New York State. Membership is not open to individuals or government bodies. For more info, contact NYRL. To join NYRL, please fill out the sign-on form and fax or mail it to:
You can also join online. See the list of NYRL members here! |
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